All db/dc switch articles – Page 3
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AnalysisWhy the Dutch buyout market fails to fulfil its promise
Insurance firm Lifetri left the market last month as the opportunities in the pension risk transfer market proved less appealing than expected
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NewsUncertainty over Dutch DC transitioners likely to lift in December, say admins
APG, TKP, Achmea and Blue Sky Group believe the ‘do or die’ moment for pension funds planning to move to DC in January 2025 will only occur in December
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NewsFive Dutch pension funds move DC transition to 2028
The funds are targeting the new date despite the official transition deadline for the transition being a year earlier
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NewsNew Dutch government coalition leaves pension law untouched
Although three of four parties in the new right-wing coalition are critical of the pension law, the four coalition partners made no plans to amend it
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NewsDutch funds risk €18bn bill if pension transition called off, says PwC
Dutch pension funds would have to shoulder the cost of running expensive legacy DB systems for decades to come, the accountant warns
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NewsDutch ‘early birds’ postpone DC transition
Only 10 pension funds are now still scheduled to make the transition to a new DC arrangement by 1 January 2025
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NewsDutch pension funds cannot reduce risk without limits, says regulator
Many Dutch schemes plan to dial down investment risk to protect their funding ratios in the run-up to the pension transition
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NewsBlue Sky Group to sell asset management arm
The €25bn Dutch pension provider wants to focus exclusively on pension administration as it deems itself too small to remain a frontrunner in asset management
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NewsDutch wholesalers fund to give members individual choice on DC switch
The fund’s decision aligns with MP Agnes Joseph, a former actuary, who is advocating freedom of choice for pension fund members
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NewsDutch hospitality industry fund ups interest rate hedge in run-up to DC switch
Pensioenfonds Horeca & Catering will be one of the first pension funds to switch to a DC arrangement on 1 January 2025
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NewsAPG pension fund scales back investment risk in run-up to DC switch
The fund is the first Dutch pension scheme to publish detailed plans about its investment strategy in the new DC system
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NewsDutch schemes remaining in DB required to explain decision, says regulator
According to DNB, pension funds risk going along too easily with employer demands to retain a DB arrangement and close for new accruals
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NewsPension funds can continue DC transition, says Dutch parliament
MP Agnes Joseph, however, submitted a motion calling on pensions minister Carola Schouten to explore alternatives to the mandatory conversion of DB accruals to personal pension capitals
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NewsReferendum on Dutch pension transition ‘logical’, says architects fund
This week, political party NSC is likely to propose a referendum about the transition of DB accruals to DC
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NewsDutch fiduciary transfers dry up in 2023
The reason for this is believed to be the upcoming transition from a DB system to DC arrangements
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NewsUS GAAP stumbling block for Dutch DC switch
Several pension funds told regulator DNB the matter prevents them from making the transition to DC
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NewsDutch pensions minister warns against consequences of referendums
New political party NSC, which is currently in negotiations to form a government, wants all pension funds to organise a referendum on the transition from DB to DC
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NewsDutch harbour pilots to see 8% pension rise in new system
The rise is applicable at the fund’s current funding ratio of 121%
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NewsPension reform to continue despite election result, says Dutch minister
According to Carola Schouten, pension funds and their administrators must continue preparing for the switch to DC
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AnalysisShock Dutch election result throws pension reform into doubt
The election’s big winner PVV wants to scrap the new pension law and retain a defined benefit system
